Direxion Daily LLY Bull 2X ETF (ELIL) — ()

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Are More Challenges Ahead for Eli Lilly After Earnings Beat?

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Sentiment: Neutral ()

Getting stuck in sideways purgatory can leave traders flummoxed. Should they cut bait or ride out the position in hopes that it will eventually trend upwards?

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About Direxion Daily LLY Bull 2X ETF ELIL

The Direxion Daily LLY Bull 2X ETF and Direxion Daily LLY Bear 1X ETF seek daily investment results, before fees and expenses, of 200% and 100% of the inverse (or opposite), respectively, of the performance of the common shares of Eli Lilly and Company (NYSE: LLY).